Aspen Technology Inc

Latest Results (11.11.2025):

Aspen Technology Inc reported its financial results for the first quarter of fiscal 2025 (ended September 30, 2024), demonstrating a mixed performance amidst evolving market conditions. While total revenue declined compared to the prior year’s first quarter, the company experienced growth in maintenance and services revenues alongside strategic moves such as the anticipated acquisition of Open Grid Systems and continued share repurchase activity. These results reflect AspenTech’s ongoing commitment to innovation and positioning for long-term growth amid industry transitions.

Revenue Breakdown

Total revenue for Q1 fiscal 2025 was $215.9 million, down from $249.3 million in Q1 fiscal 2024. License and solutions revenue decreased to $101.7 million from $148.6 million, while maintenance revenue increased to $90.7 million, and services and other revenue grew to $23.5 million from $15.7 million.

Earnings and Cash Flow Performance

The company reported a loss from operations of $96.0 million in Q1 fiscal 2025 compared to $60.2 million in Q1 fiscal 2024. Additionally, non-GAAP income from operations fell to $48.6 million from $77.8 million, and net loss widened to $60.5 million ($0.96 per diluted share) versus $34.5 million ($0.54 per diluted share) last year. Cash flow from operations and free cash flow also experienced a decline due to one-time charges and timing of collections.

Order Book and Bookings

Bookings for Q1 fiscal 2025 were $151.4 million, marking a decrease from $211.8 million in Q1 fiscal 2024. The year-over-year differences were influenced by the timing of contract renewals and a higher concentration of attrition this quarter.

Strategic Initiatives & Outlook

Aspen Technology Inc outlined key strategic moves during this period, including the anticipated acquisition of Open Grid Systems to bolster its DGM suite for utilities and continued share repurchase activity under its Fiscal 2025 Share Repurchase Authorization. The company also reaffirmed its fiscal 2025 guidance and showcased a value creation framework focused on high-single to double-digit ACV growth and margin expansion.